The current weekly bias on the eur/jpy pair, (though yet to be fully confirmed) is long. Or in other words, price is likely to reach 148.44 before reaching 124.41.
In this post, I explain the reasoning for the long bias, as well as what I'll be looking for in terms of full confirmation of the weekly long bias.
That''s it! I'll keep you guys updated!
Ken
Disclaimer: This is not Personal Financial Advice.